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MENA

Cal Credit Cards and Psagot in talks to set...

Israel Credit Cards-Cal Ltd. is in advanced negotiations with Psagot Financing and Factoring Ltd. to set up a jointly owned factoring company (more…)

#trade#trade financing

Dubai Bank goes live with new trade finance system

Dubai Bank, a Dubai Group company, has announced its successful implementation of Trade Innovation, a new automated Trade Finance System.…


IFC announces Islamic financing solutions for SMEs

Islamic Finance Company (IFC) announced the commencement of full scale shariah compliant financing solutions for SMEs (more…)


ITFC announce $1.6bn H1 trade finance operations

In its mid-year financial report for 1429 (2008), the International Islamic Trade Finance Corporation (ITFC) announced the execution of trade…

#bank#international#Islamic Development Bank


Insurer buys stake in factoring firm

Migdal Insurance has announced the acquisition of a stake in factoring firm Peninsula Financial Ltd. (more…)

#acquisition#insurance#investment


Bahrain's AUB set to bolster SMEs

Ahli United Bank (AUB) has launched the 'Supplier Finance' programme, as part of its continuous efforts to support the growth of SMEs. (more…)

#Access Bank#bank#smes


UNB launches commercial rent loan for SMEs

Union National Bank (UNB), one of the UAE's leading banks, has announced the launch of a new product that offers…


ICIEC posts 71pc rise in business insurance

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group,…

#bank#ECI#export credit insurance


Tunisie Factoring long-term rating affirmed at 'BBB'

Fitch Ratings said it affirmed Tunisie Factoring's (TF) national long-term rating at 'BBB(tun)' with a stable outlook. (more…)

#investment#management#risks


Clal Factoring – growth of 35% in 2007

Clal Factoring closed 2007 with a factoring volume of $580 million, 65% of which was domestic and 35% International. (more…)

#bonds#factoring industry#international


Khalifa Fund aims to boost SMEs

The Khalifa Fund for SMEs is working on the establishment of a new venture capital fund. (more…)

#Boost#interest#interest rate


Arab Investment and Export Credit Guarantee Corp rated AA-

Standard Poor's Ratings Services assigned its long-term 'AA-' counterparty credit and insurer financial strength ratings, with a stable outlook, to…

#exports#guarantee#insurance

Muscat Finance proposes 30 pc dividend

Muscat Finance Company, one of the leading leasing and finance companies in the region, has proposed a 30% dividend for…

#bank#economy#leasing

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